NVMBX: Wells Fargo Moderate Balanced Fund - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Wells Fargo Moderate Balanced Admin

NVMBX - Snapshot

Vitals

  • YTD Return 5.0%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 6.4%
  • Net Assets $134 M
  • Holdings in Top 10 90.9%

52 WEEK LOW AND HIGH

$22.63
$17.98
$22.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.22%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 119.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare NVMBX to Popular U.S. Conservative/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$2.11

-0.94%

$63.69 B

5.63%

$0.12

-10.21%

0.62%

$27.63

-0.54%

$60.30 B

2.86%

$0.79

1.13%

0.23%

$10.66

-0.56%

$16.42 B

5.06%

$0.54

-2.91%

0.68%

$15.02

-0.66%

$13.71 B

2.66%

$0.40

-0.60%

0.66%

$10.45

-0.67%

$12.24 B

4.17%

$0.44

-3.86%

0.80%

NVMBX - Profile

Distributions

  • YTD Total Return 5.0%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.69%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Wells Fargo Moderate Balanced Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Nov 11, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kandarp Acharya

Fund Description

The fund seeks to achieve its investment objective by allocating up to 50% of its assets to equity securities and up to 70% of its assets to fixed income securities. Its "neutral" allocation is as follows: 60% of the fund's total assets in bond funds; and 40% of the fund's total assets in stock funds. The fund is a fund-of-funds that invests in various affiliated mutual funds employing a multi-asset, multi-style investment approach designed to reduce the price and return volatility of the fund and to provide more consistent returns.


NVMBX - Performance

Return Ranking - Trailing

Period NVMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -17.8% 26.3% 12.26%
1 Yr 7.1% -13.0% 38.9% 33.91%
3 Yr 5.7%* -4.4% 19.1% 24.95%
5 Yr 6.4%* -2.9% 17.5% 36.49%
10 Yr 7.0%* 2.7% 9.1% 17.05%

* Annualized

Return Ranking - Calendar

Period NVMBX Return Category Return Low Category Return High Rank in Category (%)
2019 11.5% -9.5% 22.1% 35.34%
2018 -16.1% -21.7% -3.5% 98.14%
2017 1.5% -7.3% 13.7% 96.26%
2016 1.8% -9.0% 12.8% 75.41%
2015 -4.2% -28.9% 0.3% 22.57%

Total Return Ranking - Trailing

Period NVMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -17.8% 26.3% 12.26%
1 Yr 7.1% -13.7% 38.9% 27.20%
3 Yr 5.7%* -4.4% 19.1% 21.22%
5 Yr 6.4%* -2.9% 17.5% 33.20%
10 Yr 7.0%* 2.7% 9.1% 15.91%

* Annualized

Total Return Ranking - Calendar

Period NVMBX Return Category Return Low Category Return High Rank in Category (%)
2019 11.5% -9.5% 22.1% 38.55%
2018 -3.6% -21.7% -2.0% 9.52%
2017 10.6% -5.9% 16.6% 28.13%
2016 5.0% -5.0% 19.1% 57.77%
2015 0.9% -15.0% 2.3% 0.52%

NAV & Total Return History


NVMBX - Holdings

Concentration Analysis

NVMBX Category Low Category High NVMBX % Rank
Net Assets 134 M 2.25 M 63.7 B 73.25%
Number of Holdings 26 3 19902 64.85%
Net Assets in Top 10 122 M 1.81 M 11 B 59.40%
Weighting of Top 10 90.89% 8.3% 100.0% 13.11%

Top 10 Holdings

  1. Wells Fargo Managed Fixed Income 29.70%
  2. Wells Fargo Conservative Income Inst 13.96%
  3. Wells Fargo Core Bond 8.43%
  4. Wells Fargo Diversified Lrg Cp Gr 7.51%
  5. Wells Fargo Large Company Value 7.03%
  6. Wells Fargo High Yield Corporate Bd 6.59%
  7. Wells Fargo Disciplined Large Cap 6.56%
  8. Wells Fargo Real Return 4.50%
  9. Wells Fargo C&B Large Cap Value A 3.48%
  10. Wells Fargo Discplnd Intl Dev Mkts Port 3.12%

Asset Allocation

Weighting Return Low Return High NVMBX % Rank
Bonds
55.79% 0.00% 192.49% 40.41%
Stocks
38.87% 0.00% 98.16% 51.50%
Cash
3.70% -135.61% 38.75% 54.89%
Other
0.87% -3.76% 37.19% 23.50%
Convertible Bonds
0.77% 0.00% 50.49% 49.44%
Preferred Stocks
0.00% 0.00% 39.07% 98.50%

Stock Sector Breakdown

Weighting Return Low Return High NVMBX % Rank
Technology
19.85% 0.00% 40.26% 38.16%
Financial Services
14.84% 0.54% 31.60% 25.19%
Healthcare
14.41% 0.00% 22.82% 40.04%
Consumer Cyclical
11.15% 0.00% 22.43% 43.61%
Industrials
10.84% 0.00% 20.62% 34.21%
Communication Services
9.66% 0.00% 18.06% 22.18%
Consumer Defense
6.87% 0.00% 21.15% 69.17%
Basic Materials
4.59% 0.00% 20.47% 24.81%
Real Estate
3.72% 0.00% 94.42% 59.21%
Energy
2.36% 0.00% 22.32% 72.37%
Utilities
1.71% 0.00% 35.78% 92.67%

Stock Geographic Breakdown

Weighting Return Low Return High NVMBX % Rank
US
30.19% 0.00% 85.51% 39.47%
Non US
8.68% 0.00% 29.43% 60.71%

Bond Sector Breakdown

Weighting Return Low Return High NVMBX % Rank
Corporate
45.81% 0.00% 100.00% 34.96%
Securitized
27.73% 0.00% 48.42% 21.43%
Government
13.80% 0.00% 97.22% 79.32%
Municipal
6.80% 0.00% 100.00% 7.33%
Cash & Equivalents
5.30% 0.00% 100.00% 74.62%
Derivative
0.55% 0.00% 32.70% 34.02%

Bond Geographic Breakdown

Weighting Return Low Return High NVMBX % Rank
US
47.62% 0.00% 76.30% 36.09%
Non US
8.17% -10.28% 120.76% 49.62%

NVMBX - Expenses

Operational Fees

NVMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.02% 6.89% 27.70%
Management Fee 0.30% 0.00% 1.39% 49.91%
12b-1 Fee 0.00% 0.00% 1.00% 13.47%
Administrative Fee N/A 0.01% 0.70% 62.50%

Sales Fees

NVMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

NVMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NVMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 119.00% 0.00% 369.00% 85.82%

NVMBX - Distributions

Dividend Yield Analysis

NVMBX Category Low Category High NVMBX % Rank
Dividend Yield 0.00% 0.00% 4.68% 90.24%

Dividend Distribution Analysis

NVMBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

NVMBX Category Low Category High NVMBX % Rank
Net Income Ratio 1.69% -2.60% 6.30% 79.15%

Capital Gain Distribution Analysis

NVMBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

NVMBX - Fund Manager Analysis

Managers

Kandarp Acharya


Start Date

Tenure

Tenure Rank

Sep 30, 2013

7.01

7.0%

Mr. Acharya joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Acharya led the Advanced Analytics and Quantitative Research Group at Wells Fargo Wealth Management, where he also led the development and implementation of quantitative tactical allocation models as a member of the firm’s Asset Allocation Committee.

Christian Chan


Start Date

Tenure

Tenure Rank

Sep 30, 2013

7.01

7.0%

Mr. Chan joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Chan was a Portfolio Manager at Wells Fargo Funds Management, LLC, where he managed several of the firm's asset allocation mutual funds and also served as the firm's Head of Investments. Chan has served as a member of Wells Fargo Funds Management's asset allocation team and investment team since 2002. Previously, he served as a director in the Investments Department at mPower Advisors, LLC from 1999 to 2001. Chan holds the Chartered Financial Analyst designation.

Petros Bocray


Start Date

Tenure

Tenure Rank

Oct 01, 2016

4.0

4.0%

Mr. Bocray is a portfolio manager on the Quantitative Strategies team at Wells Capital All Portfolios Management. In this role, Mr. Bocray serves as co-manager on several of the team's portfolios and conducts research supporting the quantitative models and investment strategies. Prior to joining the team in March 2006, Mr. Bocray worked as a portfolio manager for the Wells Fargo Wealth Management Group, where he managed private client accounts with a focus on portfolio construction and asset allocation. Education: Bachelor of Economics, College of Charleston, Charleston, South Carolina.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 27.06 6.03 0.75